FOBO or Fear of Better Options is a psychological phenomenon where someone avoids making a decision out of fear that there may be a better option.
FOBO is the nagging feeling that there might be a better choice out there, which leads to analysis paralysis.
In August of 2000, the energy company, Enron, posted a peak stock price of $90.75 per share. At the time, Enron was one of the largest companies in the United States. It wasn’t an “obvious” shady scam; everyone thought it was a great investing opportunity. […]
When I was in my teens and twenties, I always thought the world was unfair. How can the world be fair if the rich get richer and the poor get poorer? Enter: The Matthew Effect. The Matthew Effect, also known as the principle of accumulated […]
My next book, The Stoic Path to Wealth, was supposed to come out in February 2024. But my publisher decided to push it back to July 2024. When I heard about the new publishing date, I already started with the marketing strategy for the new […]